Ethics & Trust in Finance 9th Global Prize

Every two years, the Prize invites young professionals and academics to participate and contribute to the reflection on the importance of the benefits of a more ethical approach to banking and finance, promoting greater awareness of the need for ethics, integrity and trust in the finance sector. Since 2006, the competition has prompted a debate about many different aspects of Ethics in Finance, ranging from the role of compliance offices, ethical investment and corporate social responsibility, the contribution of micro-finance to economic development, scandals and the persistence of financial misconduct, the ethical significance of fintech and the digital transformation of finance and the transition to a more sustainable financial system, to name but a few.

Candidates are invited to submit papers that have not been previously published, examining the role of ethics and integrity in finance from many possible practical angles and disciplinary perspectives. The papers could be analytical in character or they could be proposals for practical projects. In all cases, they should meet three criteria: intellectual rigour, innovative ideas, and clear conclusions. Best papers submitted in previous editions are available in this site. The Prize aims to encourage and promote:

  • awareness of the fundamental role of ethics in the world of finance;
  • precise identification of ethical issues in financial activities and institutions, in both the public and private sectors;
  • proposals for implementation of initiatives and projects concerning teaching and regulating for ethics in finance;
  • understanding of the role of ethics to support a more sustainable financial system.

The deadline to submit your final paper for the 9th edition is set to 29 of May 2023.

For more information, please refer to https://www.ethicsinfinance.org/2022-2023-9th/

Essay Contest ‘The Future of Capitalism in Europe’

The Future Markets Consultation invites students and young scholars to submit their ideas on a sustainable and just market economy for Europe in the shape of an essay. A prize is available in three categories: (1) bachelor students, (2) master & PhD students and (3) young scholars until 35 years.

What we are looking for
The length of your essay should be at most 3,500 words including notes and references. Your essay should be aimed at an educated, yet non-academic public. A preference will be given to essays that do not just analyze the current situation, but also suggest ways to move forward.

What happens to your essay
All essays will be taken into account as input for the final report of the Future Markets Consultation. A selection of the best essays will be published on both the consultation website and on the Moral Markets portal.

Essay topics
You can write an essay on any topic that is of relevance to the consultation, including but not limited to:

  • Markets, government & civil society
  • How to deal with growing inequality
  • The desirability & necessity of economic growth
  • Sustainability & markets
  • Economics & the common good
  • Democratizing the economy
  • The role of civil society in capitalism
  • Business as a force for good
  • Dealing with corporate power concentrations
  • The role of work in the economy of the future
  • Reforming finance & financial institutions
  • The mix of global & local / smart globalisation
  • The spiritual & moral foundations of capitalism
  • The potential for cooperatives
  • Stimulating sustainable growth
  • True pricing

For more suggestions for relevant topics, please check our website.

Deadline: 3 January December 2021
For information on the essay contest, please visit:
https://www.moralmarkets.org/futuremarketsconsultation/activities/essay-contest/

Seventh Annual Amartya Sen Essay Prize 2020

This year, Global Financial Integrity and Academics Stand Against Poverty will be awarding the seventh annual Amartya Sen Prizes to the two best original essays examining one particular component of illicit financial flows, the resulting harms and possible avenues of reform. Entered essays should be about 7,000 to 9,000 words long. There is a first prize of $5,000 and a second prize of $3,000.

Illicit financial flows are generally defined as cross-border movements of funds that are illegally earned, transferred, or used. Examples are funds earned through illegal trafficking in persons, drugs or weapons; funds illegally transferred through mispriced exchanges (e.g., among affiliates of a multinational corporation seeking to shift profits to reduce taxes); funds moved to evade taxes; and funds used for corruption of or by public or corporate officials. Illicit financial flows are explicitly recognized as an obstacle to achieving the Sustainable Development Goals and singled out as a separate target #4 of SDG 16.

Components of illicit financial flows can be delimited by sector and geographically. Delimitation by sector might focus your essay on some specific activity, business or industry – such as art, real estate, health care, technology, entertainment, shipping, agriculture, sports, gaming, education, politics, tourism, natural resource extraction, banking and financial services – or on an even narrower subsector such as the diamond trade, hunting, insurance or prostitution. Delimitation by geography might further narrow the essay’s focus to some particular country, province or region.

Your essay should describe the problematic activity and evaluate the adverse effects of it that make it problematic. Also, in quantitative terms insofar as this is possible, you should estimate the magnitude of the relevant outflows as well as the damage they do to the institutions and to the affected populations. This might include harm from abuse, exploitation and impoverishment of individuals, harm through subdued economic activity and reduced prosperity, and/or harm through diminished tax revenues that depress public spending.

Your essay should also explain the persistence of the harmful activity in terms of relevant incentives and enabling conditions and, based on your explanation, propose plausible ways to curtail the problem. Such reform efforts might be proposed at diverse levels, including supranational rules, national rules, corporate policies, professional ethics, individual initiatives, or any combination thereof. The task is to identify who has the responsibility, the capacity and (potentially) the knowledge and motivation to change behavior toward effective curtailment.

We welcome authors from diverse academic disciplines and from outside the academy. Please send your entry by email attachment on or before 31 August 2020 to senprize@gfintegrity.org. While your email should identify you, your essay should be stripped of self-identifying references, formatted for blind review.

CFP: Rethinking Economic Policy Essay Competition

Calling all students and early career professionals:

We invite you to take part in our 2017 essay competition Rethinking Economic Policy. Submit your original article analyzing a current issue linked to economic policy to competition@policycorner.org before midnight on October 31, 2017.

With the generous support of the Young Scholars Initiative at the Institute for New Economic Thinking, we are offering cash prizes for the three best articles (€400, €200, and €100) and will invite the winners to Berlin in January 2018 for a discussion event with invited experts.

Essay Topic: Identify an issue that calls for a new perspective in economic policy and outline an innovative solution.

Submission: All individuals of 30 years and younger are invited to submit. For full details and submission requirements, please refer to the attached PDF or see our website at www.policycorner.org/en/competition/

Who Are We? The Policy Corner is an inclusive online platform for publishing research-based articles on global issues. The Young Scholars Initiative is an international community of students and young professionals founded by the leading New York-based think tank the Institute for New Economic Thinking. Finally, the Otto Suhr Institute is Germany’s largest institute for Political Science and has its focus on area studies, international relations, and environmental research.

Ethics and Trust in Finance Prize

The call for papers for the Ethics & Trust in Finance Prize 2016-2017 edition is now open. The competition invites creative papers, which may be submitted in English or French, setting out analyses or proposals for innovative ways to promote ethics in finance. We have already published 48 papers, we look forward that your contribution becomes our next publication and as in the last editions, a prize of USD 20,000 is allocated for the winners.

After 10 years,  the adventure of the Robin Cosgrove Prize continues… but under a slightly modified name “Ethics and Trust in Finance”. As in previous editions, the Prize promotes greater awareness among young people throughout the world concerning the benefits of ethics in finance, and encourages high-quality management of banking, insurance and financial services based on trust and integrity. Launched in 2006 and now in its 6th Edition, the global competition for the Prize for Innovative Ideas for Ethics in Finance is open to young people, aged 35 years or younger, from throughout the world.

Papers are welcome until July 31, 2017. Please go to www.ethicsinfinance.org/how-to-enter/